A price prediction
Predicted price range for Agilent Technologies Our trading algorithm values Agilent Technologies (A) to be fairly valued. ###PLOTLYGRAPH### The red …
Read ArticlePredicted price range for Baxter International Inc
Our trading algorithm values Baxter International Inc (BAX) to be strongly overvalued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | strongly overvalued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Strong Sell |
| Current Price | $56.08 |
| 60 Day Prediction | $51.53 |
| 60 Day Pred - Lower Bound | $47.51 |
| 60 Day Pred - Upper Bound | $55.61 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -0.008 * nr_days_in_the_future + 51.767
Based on this information, our algorithm recommends the trading decision: Strong Sell. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
BAX traded at $56.08 this Friday October 14th, gaining since last week.
Looking back, over the last month, BAX has been loosing $-2.35 or -4.190439367674496 percent.
Over the last year, it has been loosing $-23.6 or -42.0827348494351 percent.
Seasonality of Baxter International Inc
Using our AI model, we have been analyzing the value change for Baxter International Inc depending on the day or month of a year. This can be seen in the following graph:
